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2025-05-03 15:45
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KRPIA's new BOD is full of Korean members
by
Eo, Yun-Ho
Jan 17, 2024 05:29am
KRPIA has launched its new board of directors for the 2024 New Year. The Korean Research-based Pharmaceutical Industry Association (KRPIA) has recently announced its new board of directors (BOD). The new BOD stands out as it is primarily made up of Korean members. Among the 13 BOD members, which includes KRPIA chairman Dong-Wook O
Company
Whan In has exclusive distribution rights for Sanofi's Arava
by
Kim, Jin-Gu
Jan 16, 2024 06:09am
On the 10th, Whan In Pharm announced that the company signed an exclusive promotion and distribution agreement with Sanofi-Aventis for Arava Tablet, a rheumatoid arthritis treatment containing the active ingredient leflunomide, in Korea. Whan In Pharm is recognized for its business specialization in the central nervous system (CNS) fiel
Company
Gov't will reduce fines for companies that adopt CPs
by
Kang, Shin-Kook
Jan 16, 2024 06:08am
A revised Fair Trade Act that grants benefits, such as reduced penalty surcharges to companies that have adopted and excellently operated a Fair Trade Compliance Program (CP), will be enforced on June 21st this year. On the 15th, the Fair Trade Commission announced that it would prepare sub-statutes, including the Enforcement Decree and N
Company
Reimbursed drugs hit four-year low amid regulatory changes
by
Chon, Seung-Hyun
Jan 16, 2024 06:08am
The number of drugs on the health insurance reimbursement list has reached its lowest point in four and a half years. Due to pricing revisions for generic drugs and regulations related to joint development, the introduction of new drugs is significantly reduced. The number of approvals has decreased by more than 70% compared to the figures
Company
'Discussing Rinvoq based on Korean RWD'
by
Eo, Yun-Ho
Jan 15, 2024 05:47am
The value of Real World Data (RWD) increases in areas where the development of new treatment options has been slow, primarily due to insufficient medical field experience and limited information beyond randomized controlled trials (RCT). Atopic dermatitis is one of the fields that has seen a shortage of new drugs in the past. However, i
Company
Tarlatamab designated as an orphan drug for SCLC
by
Eo, Yun-Ho
Jan 15, 2024 05:36am
Amgen¡¯s drug candidate ¡®Tarlatamab,¡¯ intended for treating small cell lung cancer (SCLC), has received orphan drug designation in Korea. The Ministry of Food and Drug Safety (MFDS) announced this decision through its first orphan drug designation posting of the New Year. The approved indication is for treating adult patients with pro
Company
Boryung partners with Baxter for 2 anesthesia drugs in Korea
by
Kim, Jin-Gu
Jan 12, 2024 07:06am
Boryung announced on the 10th that it signed a sales agreement with Baxter Korea to sell inhalation anesthesia ¡®Suprane Solution (desflurane)¡¯ and blood substitute ¡®Plasma Lyte 148 Inj¡¯ in the domestic market. Suprane, developed by Baxter, is a premier inhalation anesthesia for inducing or maintaining anesthesia during surgery. It offers
Company
Generic companies partially win Trajenta patent challenges
by
Kim, Jin-Gu
Jan 12, 2024 07:06am
Generic companies have won the dispute over unregistered use patents of Trajenta (linagliptin). Although the unregistered formulation patent remains, this patent is reportedly relatively easy to avoid or invalidate. As such, the industry expects there is a higher possibility that generic versions of Trajenta will be released earlier after
Company
New colorectal cancer drug Braftovi will receive reimb
by
Jan 12, 2024 07:05am
All eyes are on Braftovi, a new targeted drug for metastatic colorectal cancer emerging after a 15-year gap, for its potential to address unmet demands for treatment options. Experts have assessed that, based on proven efficacy, Braftovi is likely to be highly utilized. On the 11th, Ono Pharmaceutical Korea held a press conference celeb
Company
Nexviazyme prescriptions are available at general hospitals
by
Eo, Yun-Ho
Jan 12, 2024 07:05am
Prescriptions for Pompe disease treatment ¡®Nexviazyme¡¯ will be available at general hospitals. According to the industry, Sanofi-Aventis Korea¡¯s Nexviazyme (Avalglucosidase Alfa) has recently passed the Drug Committee (DC) of tertiary general hospitals, including Samsung Seoul Hospital, Seoul National University Hospital, Seoul Asan
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